6. COMMON STOCK	6 Months Ended
Dec. 31, 2014
Text Block [Abstract]
6. COMMON STOCK	The Company has authorized 100,000,000 shares of $0.001 par value per share Common Stock, of which 85,571,925 and 70,296,203 were issued outstanding as of December 31, 2014 and June 30, 2014, respectively. The activity surrounding the issuances of the Common Stock is as follows: For the Six Months Ended December 31, 2014 The Company issued 5,316,001 common shares for net cash proceeds of $1,058,975. The Company paid as offering costs $20,125 in cash offering costs. Offering costs have been recorded as reductions to additional paid-in capital from common stock proceeds and an increase in professional fees. Attached to the Common Shares, the Company issued 6,506,133 warrants to purchase shares of the Company’s Common Stock. The Company recognized $1,239,540 for the amortization of warrants issued in prior periods. The Company also issued 43,500 shares of Common Stock as incentive to notes valued at $10,261 to extend terms on two convertible notes payable and recorded $527,000 in beneficial conversion features related to new issuances of debt. The Company also issued 4,775,741 shares of Common Stock for the conversion of notes and accrued interest valued at $556,794. The Company also issued 110,000 shares of Common Stock for the conversion of 55,000 shares of Series A-1 Preferred Stock and issued 41,987 shares of Common Stock of payment of $37,130 in accrued dividends. The Company also issued 50,000 shares of Common Stock for the conversion warrants. The Company issued 327,971 shares of Common Stock as payment for services and rent valued at $129,259. As share-based compensation to employees and non-employees, the Company issued 2,440,138 shares of common stock valued at $516,485, based on the market price of the stock on the date of issuance. As interest expense on outstanding notes payable, the Company issued 2,120,384 shares of common stock valued at $1,369,746 based on the market price on the date of issuance. For the Six Months Ended December 31, 2013 The Company issued 5,975,000 common shares for net cash proceeds of $581,565. The Company paid as offering costs $15,935 in cash offering costs and 46,000 in common stock offering costs. Offering costs paid in cash have been recorded as reductions to additional paid-in capital from common stock proceeds and common stock issued for offering costs have been expensed as compensation expenses. Attached to the Common Shares, the Company issued 196,804 warrants to purchase shares of the Company’s Common Stock. The Company recognized $114,626 in employee stock option expense and for the amortization of warrants issued in prior periods. The Company also issued 510,000 shares of Common Stock as additional incentive for notes of $141,049 to convertible notes payable and recorded $251,000 in beneficial conversion features related to new issuances of debt. As share-based compensation to employees and non-employees, the Company issued 1,970,458 shares of common stock valued at $531,478, based on the market price of the stock on the date of issuance. As interest expense on outstanding notes payable, the Company issued 1,471,784 shares of common stock valued at $408,441 based on the market price on the date of issuance. As interest expense on outstanding notes payable, the Company issued 886,344 shares of common stock valued at $444,217 based on the market price on the date of issuance. The Company also issued 1,234,040 shares of common stock for settlement of accrued interest on the convertible notes valued at $925,530 based on the market price on the date of issuance.

6. COMMON STOCK

6 Months Ended

Dec. 31, 2014

The Company has authorized 100,000,000 shares of $0.001 par value per share Common Stock, of which 85,571,925 and 70,296,203 were issued outstanding as of December 31, 2014 and June 30, 2014, respectively. The activity surrounding the issuances of the Common Stock is as follows:

For the Six Months Ended December 31, 2014

The Company issued 5,316,001 common shares for net cash proceeds of $1,058,975. The Company paid as offering costs $20,125 in cash offering costs. Offering costs have been recorded as reductions to additional paid-in capital from common stock proceeds and an increase in professional fees. Attached to the Common Shares, the Company issued 6,506,133 warrants to purchase shares of the Company’s Common Stock. The Company recognized $1,239,540 for the amortization of warrants issued in prior periods.

The Company also issued 43,500 shares of Common Stock as incentive to notes valued at $10,261 to extend terms on two convertible notes payable and recorded $527,000 in beneficial conversion features related to new issuances of debt.

The Company also issued 4,775,741 shares of Common Stock for the conversion of notes and accrued interest valued at $556,794.

The Company also issued 110,000 shares of Common Stock for the conversion of 55,000 shares of Series A-1 Preferred Stock and issued 41,987 shares of Common Stock of payment of $37,130 in accrued dividends.

The Company also issued 50,000 shares of Common Stock for the conversion warrants.

The Company issued 327,971 shares of Common Stock as payment for services and rent valued at $129,259.

As share-based compensation to employees and non-employees, the Company issued 2,440,138 shares of common stock valued at $516,485, based on the market price of the stock on the date of issuance. As interest expense on outstanding notes payable, the Company issued 2,120,384 shares of common stock valued at $1,369,746 based on the market price on the date of issuance.

For the Six Months Ended December 31, 2013

The Company issued 5,975,000 common shares for net cash proceeds of $581,565. The Company paid as offering costs $15,935 in cash offering costs and 46,000 in common stock offering costs. Offering costs paid in cash have been recorded as reductions to additional paid-in capital from common stock proceeds and common stock issued for offering costs have been expensed as compensation expenses. Attached to the Common Shares, the Company issued 196,804 warrants to purchase shares of the Company’s Common Stock. The Company recognized $114,626 in employee stock option expense and for the amortization of warrants issued in prior periods.

The Company also issued 510,000 shares of Common Stock as additional incentive for notes of $141,049 to convertible notes payable and recorded $251,000 in beneficial conversion features related to new issuances of debt.

As share-based compensation to employees and non-employees, the Company issued 1,970,458 shares of common stock valued at $531,478, based on the market price of the stock on the date of issuance. As interest expense on outstanding notes payable, the Company issued 1,471,784 shares of common stock valued at $408,441 based on the market price on the date of issuance.

As interest expense on outstanding notes payable, the Company issued 886,344 shares of common stock valued at $444,217 based on the market price on the date of issuance. The Company also issued 1,234,040 shares of common stock for settlement of accrued interest on the convertible notes valued at $925,530 based on the market price on the date of issuance.